Invertext Online Technical Dictionary

profit before interest, tax, depreciation and amortisation

phrase  

resultado antes de intereses, impuestos y amortizaciones

Definition 1

Earnings obtained by a company before the deduction of all items for which management is not primarily responsible, i.e., the funding of the company, the rate of tax payable on company profits and the rate of depreciation of fixed tangible and intangible assets.

Source: Invertext


Context: EBITDA is profit before interest, tax, depreciation and amortisation, exceptional items and unrealised gains/(losses) on derivative contracts.

Source: www.draxgroup.plc.uk